The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AETNA Inc. COM 00817y108 649 5,315 SH   SOLE   5,315 0 0
AFLAC Inc. COM 001055102 5,067 70,220 SH   SOLE   70,220 0 0
AGCO Corp COM 001084102 377 8,005 SH   SOLE   8,005 0 0
AT & T, Inc. New COM 00206r102 1,217 28,155 SH   SOLE   28,155 0 0
AbbVie, Inc. COM 00287y109 1,280 20,672 SH   SOLE   20,672 0 0
Abbott Laboratories COM 002824100 3,093 78,672 SH   SOLE   78,672 0 0
Alaska Air Group Inc. COM 011659109 287 4,920 SH   SOLE   4,920 0 0
Alkermes PLC COM g01767105 1,156 26,751 SH   SOLE   26,751 0 0
Allegion PLC COM 0176j1097 264 3,802 SH   SOLE   3,802 0 0
Allergan PLC COM g0177j108 243 1,050 SH   SOLE   1,050 0 0
Alliance One International COM 018772301 448 29,122 SH   SOLE   29,122 0 0
Alphabet, Inc Voting Class COM 02076k305 369 525 SH   SOLE   525 0 0
Altria Group Inc. COM 02209s103 10,072 146,050 SH   SOLE   146,050 0 0
America Movil ADR COM 02364W105 5,502 448,769 SH   SOLE   448,769 0 0
American Express Co. COM 025816109 487 8,018 SH   SOLE   8,018 0 0
American International Group COM 026874107 2,362 44,650 SH   SOLE   44,650 0 0
Ameriprise Financial Inc. COM 03076c106 224 2,498 SH   SOLE   2,498 0 0
Andersons Inc. COM 034164103 209 5,890 SH   SOLE   5,890 0 0
Anthem, Inc. COM 036752103 7,361 56,044 SH   SOLE   56,044 0 0
Apache Corp COM 037411105 529 9,501 SH   SOLE   9,501 0 0
Apollo Education Group, Inc. COM 037604105 1,401 153,650 SH   SOLE   153,650 0 0
Apple Computer Inc. COM 037833100 717 7,505 SH   SOLE   7,505 0 0
Automatic Data Processing COM 053015103 1,144 12,452 SH   SOLE   12,452 0 0
BP p.l.c. COM 055622104 7,761 218,552 SH   SOLE   218,552 0 0
Bank of America Corp COM 060505104 4,876 367,469 SH   SOLE   367,469 0 0
Bank of New York Mellon Corp COM 064058100 12,270 315,829 SH   SOLE   315,829 0 0
Becton Dickinson & Co COM 075887109 4,447 26,225 SH   SOLE   26,225 0 0
Berkshire Hathaway Inc. Class COM 084670108 217 1 SH   SOLE   1 0 0
Berkshire Hathaway Inc. Class COM 084670702 3,338 23,055 SH   SOLE   23,055 0 0
Biogen Inc. COM 09062x103 4,349 17,985 SH   SOLE   17,985 0 0
Boeing Company COM 097023105 1,668 12,847 SH   SOLE   12,847 0 0
Bristol Myers Squibb Co. COM 110122108 367 4,993 SH   SOLE   4,993 0 0
British American Tobacco COM 110448107 2,622 20,250 SH   SOLE   20,250 0 0
CDK Global, Inc. COM 12508e101 238 4,288 SH   SOLE   4,288 0 0
CST Brands, Inc. COM 12646r105 1,831 42,512 SH   SOLE   42,512 0 0
CVS Health Corp. COM 126650100 5,012 52,349 SH   SOLE   52,349 0 0
Cal-Maine Foods Inc. COM 128030202 266 6,001 SH   SOLE   6,001 0 0
Central Pacific Financial Co COM 154760409 2,453 103,947 SH   SOLE   103,947 0 0
Chevron Corp. COM 166764100 3,328 31,743 SH   SOLE   31,743 0 0
Cisco Sys Inc. COM 17275R102 1,374 47,895 SH   SOLE   47,895 0 0
Citigroup Inc. COM 172967424 3,271 77,170 SH   SOLE   77,170 0 0
Coach Inc. COM 189754104 638 15,670 SH   SOLE   15,670 0 0
Coca-Cola Company COM 191216100 6,114 134,874 SH   SOLE   134,874 0 0
Colliers International Group COM 194693107 255 7,460 SH   SOLE   7,460 0 0
Comcast Corp Cl A COM 20030n101 4,394 67,405 SH   SOLE   67,405 0 0
Community Health Systems, Inc. COM 203668108 315 26,134 SH   SOLE   26,134 0 0
ConAgra Foods Inc. COM 205887102 5,189 108,535 SH   SOLE   108,535 0 0
ConocoPhillips COM 20825c104 1,508 34,591 SH   SOLE   34,591 0 0
Corning Inc COM 219350105 6,446 314,751 SH   SOLE   314,751 0 0
Costco Wholesale Corp COM 22160k105 1,814 11,552 SH   SOLE   11,552 0 0
Credit Suisse Group ADR COM 225401108 2,263 211,518 SH   SOLE   211,518 0 0
Diageo PLC ADR COM 25243q205 2,057 18,224 SH   SOLE   18,224 0 0
Discovery Communications Serie COM 25470f104 5,185 205,511 SH   SOLE   205,511 0 0
Discovery Communications Serie COM 25470F302 205 8,598 SH   SOLE   8,598 0 0
Dow Chemical Company COM 260543103 4,741 95,372 SH   SOLE   95,372 0 0
Dr. Pepper Snapple Group COM 26138e109 7,294 75,487 SH   SOLE   75,487 0 0
Dunkin Brands Group, Inc. COM 265504100 209 4,800 SH   SOLE   4,800 0 0
E. I. Du Pont De Nemours COM 263534109 4,282 66,075 SH   SOLE   66,075 0 0
Express Scripts Inc. COM 30219g108 5,612 74,035 SH   SOLE   74,035 0 0
Exxon Mobil Corp COM 30231G102 1,531 16,334 SH   SOLE   16,334 0 0
FirstService Corp Voting Share COM 33767e103 342 7,460 SH   SOLE   7,460 0 0
Franklin Resources Inc. COM 354613101 5,390 161,515 SH   SOLE   161,515 0 0
General Electric Co. COM 369604103 396 12,585 SH   SOLE   12,585 0 0
General Motors Company COM 37045v100 1,014 35,817 SH   SOLE   35,817 0 0
Gilead Sciences Inc. COM 375558103 249 2,982 SH   SOLE   2,982 0 0
Glaxo SmithKline PLC COM 37733W105 4,799 110,732 SH   SOLE   110,732 0 0
H & R Block Inc. COM 093671105 3,554 154,502 SH   SOLE   154,502 0 0
HP Inc. COM 40434L105 190 15,129 SH   SOLE   15,129 0 0
Hewlett Packard Enterprise Co. COM 42824c109 289 15,804 SH   SOLE   15,804 0 0
Home Depot Inc. COM 437076102 3,597 28,171 SH   SOLE   28,171 0 0
Ideal Power, Inc. (Restricted) COM 451622104 71 14,383 SH   SOLE   14,383 0 0
Ingersoll Rand Co COM g47791101 732 11,500 SH   SOLE   11,500 0 0
Intel Corp. COM 458140101 1,492 45,487 SH   SOLE   45,487 0 0
Interpublic Group COM 460690100 397 17,188 SH   SOLE   17,188 0 0
IsoRay, Inc. COM 46489v104 12 14,218 SH   SOLE   14,218 0 0
J.M. Smucker Co. COM 832696405 2,054 13,480 SH   SOLE   13,480 0 0
Johnson & Johnson COM 478160104 12,752 105,126 SH   SOLE   105,126 0 0
Kelly Services,Inc. COM 488152208 539 28,428 SH   SOLE   28,428 0 0
Kroger Co. COM 501044101 14,774 401,563 SH   SOLE   401,563 0 0
Laboratory Corp. of America COM 50540r409 414 3,180 SH   SOLE   3,180 0 0
Legg Mason Inc. COM 524901105 952 32,270 SH   SOLE   32,270 0 0
Lincoln Educational COM 533535100 392 261,100 SH   SOLE   261,100 0 0
Lowes Companies COM 548661107 2,915 36,820 SH   SOLE   36,820 0 0
ManpowerGroup Inc. COM 56418h100 351 5,450 SH   SOLE   5,450 0 0
Marsh & McLennan Co. COM 571748102 3,343 48,837 SH   SOLE   48,837 0 0
Mastercard Inc. COM 57636q104 6,112 69,410 SH   SOLE   69,410 0 0
McDonalds Corp COM 580135101 1,943 16,145 SH   SOLE   16,145 0 0
Medtronic PLC COM g5960l103 12,076 139,173 SH   SOLE   139,173 0 0
Merck & Co.Inc. New COM 58933y105 8,832 153,303 SH   SOLE   153,303 0 0
Microsoft Corp. COM 594918104 9,805 191,619 SH   SOLE   191,619 0 0
Molson Coors Brewing Co COM 60871r209 13,066 129,199 SH   SOLE   129,199 0 0
Mondelez International, Inc. COM 609207105 1,842 40,484 SH   SOLE   40,484 0 0
Monster Beverage Corp. COM 611740101 1,945 12,100 SH   SOLE   12,100 0 0
Newell Rubbermaid Inc. COM 651229106 284 5,850 SH   SOLE   5,850 0 0
Nike Inc Class B COM 654106103 1,288 23,340 SH   SOLE   23,340 0 0
Oracle Corp COM 68389X105 4,884 119,337 SH   SOLE   119,337 0 0
Paychex Inc. COM 704326107 2,903 48,785 SH   SOLE   48,785 0 0
Pepsico Inc. COM 713448108 14,868 140,339 SH   SOLE   140,339 0 0
Pfizer Inc. COM 717081103 3,025 85,899 SH   SOLE   85,899 0 0
Philip Morris International COM 718172109 19,072 187,494 SH   SOLE   187,494 0 0
Phillips 66 COM 718546104 1,372 17,293 SH   SOLE   17,293 0 0
Principal Financial Group COM 74251v102 219 5,322 SH   SOLE   5,322 0 0
Procter & Gamble Co. COM 742718109 4,636 54,753 SH   SOLE   54,753 0 0
Quest Diagnostics Inc. COM 74834l100 5,695 69,955 SH   SOLE   69,955 0 0
Raytheon Company COM 755111507 1,835 13,500 SH   SOLE   13,500 0 0
Shire PLC COM 82481r106 315 1,712 SH   SOLE   1,712 0 0
Spectra Energy Corp. COM 847560109 222 6,071 SH   SOLE   6,071 0 0
St. Jude Medical Inc. COM 790849103 2,494 31,973 SH   SOLE   31,973 0 0
Starbucks Corp COM 855244109 431 7,554 SH   SOLE   7,554 0 0
Textainer Group Holdings Limit COM g8766e109 709 63,600 SH   SOLE   63,600 0 0
The Kraft Heinz Company COM 500754106 1,162 13,130 SH   SOLE   13,130 0 0
The Mosaic Company COM 61945c103 1,689 64,525 SH   SOLE   64,525 0 0
The Travelers Companies Inc. COM 89417e109 10,059 84,498 SH   SOLE   84,498 0 0
Time Warner Inc. COM 887317303 1,241 16,876 SH   SOLE   16,876 0 0
Twenty-First Century Fox Cl A COM 90130a101 2,121 78,426 SH   SOLE   78,426 0 0
US Bancorp Delaware New COM 902973304 470 11,660 SH   SOLE   11,660 0 0
Unilever NV New York Shs COM 904784709 5,573 118,728 SH   SOLE   118,728 0 0
Union Pacific Corp COM 907818108 1,015 11,634 SH   SOLE   11,634 0 0
United Parcel Service Inc. COM 911312106 1,436 13,335 SH   SOLE   13,335 0 0
Unitedhealth Group Inc. COM 91324p102 16,813 119,075 SH   SOLE   119,075 0 0
Unum Group COM 91529y106 2,948 92,733 SH   SOLE   92,733 0 0
Valero Energy Corp. COM 91913y100 3,690 72,360 SH   SOLE   72,360 0 0
Verizon Communications COM 92343V104 2,379 42,602 SH   SOLE   42,602 0 0
Viacom Inc. Class B COM 92553p201 1,219 29,395 SH   SOLE   29,395 0 0
Visa, Inc. COM 92826c839 3,282 44,248 SH   SOLE   44,248 0 0
Vitamin Shoppe, Inc. COM 92849E101 1,219 39,860 SH   SOLE   39,860 0 0
Waddell & Reed Financial COM 930059100 601 34,908 SH   SOLE   34,908 0 0
Wal Mart Stores COM 931142103 6,642 90,967 SH   SOLE   90,967 0 0
Walt Disney Holding Co. COM 254687106 723 7,387 SH   SOLE   7,387 0 0
Washington Federal COM 938824109 581 23,939 SH   SOLE   23,939 0 0
Waste Management Inc. Del COM 94106L109 343 5,180 SH   SOLE   5,180 0 0
Weight Watchers Intl. Inc. COM 948626106 585 50,270 SH   SOLE   50,270 0 0
Wells Fargo & Co. COM 949974610 211 4,460 SH   SOLE   4,460 0 0
Western Union Company COM 959802109 3,871 201,848 SH   SOLE   201,848 0 0
Weyerhaeuser Co. COM 962166104 351 11,779 SH   SOLE   11,779 0 0
Willbros Group, Inc COM 969203108 31 12,175 SH   SOLE   12,175 0 0
Yum! Brands, Inc. COM 988498101 1,106 13,337 SH   SOLE   13,337 0 0
Zimmer Biomet Holdings COM 98956p102 10,090 83,814 SH   SOLE   83,814 0 0
Zynerba Pharmaceuticals Inc. COM 98986x109 346 50,556 SH   SOLE   50,556 0 0
Arcos Dorados Hldgs. FOR g0457f107 445 93,298 SH   SOLE   93,298 0 0
LyondellBasell Industries N.V. FOR n53745100 3,596 48,321 SH   SOLE   48,321 0 0
Nokia Corp Sponsored ADR FOR 654902204 75 13,117 SH   SOLE   13,117 0 0
Royal Dutch Shell PLC FOR 780259206 871 15,778 SH   SOLE   15,778 0 0
SK Telecom ADR FOR 78440p108 205 9,808 SH   SOLE   9,808 0 0
Telefonica S.A. ADR FOR 879382208 4,560 480,973 SH   SOLE   480,973 0 0
Toyota Motor Corp ADR FOR 892331307 227 2,275 SH   SOLE   2,275 0 0